ACQ2 by Acquired The Space Industry in 2024, and How to Build a Satellite Company
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May 24, 2024 
Austin Link, co-founder and CEO of Starfish Space, shares his insights into the booming space industry of 2024. He discusses how lower launch costs are enabling startups to thrive and the innovative satellite servicing technology his company is developing. The Otter, an autonomous spacecraft, can dock with and reposition aging satellites, significantly extending their lifespans. Austin also delves into the importance of navigating government contracts and the need for a diverse workforce, highlighting the exciting future of space exploration.
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Space Industry Overview
- The space industry offers diverse values, from commercial ventures to government projects.
- Satellites in GEO, MEO, and LEO serve different purposes, each with varying costs and applications.
Easy Launch Booking
- Ben Gilbert bought a SpaceX launch slot, finding it easier than buying a plane ticket.
- The process took 15 minutes, highlighting SpaceX's streamlined launch purchasing system.
The Rise of New Space
- The rise of "New Space" companies has revolutionized the space industry, fostering faster development cycles and a commercial mindset.
- These companies focus on creating business cases and providing value to customers at competitive price points.